The Alexander Co. had $328,500 in taxable income. Using the rates from Table 2.3 in the chapter, calculate the companys income taxes. What is the average tax rate? What is the marginal tax rate?

0	50,000	15%
50,001	75,000	25%
75,001	100,000	34%
100,001	335,000	39%
335,001	10,000,000	34%
10,000,001	15,000,000	35%
15,000,001	18,333,333	38%
18,333,334	+	35%